Restated Certificate of Formation of Texas Christian University
Adopted: November 12, 2010; Effective: November 18, 2010
(With Trustee's Names Omitted)
Article I: The name of the corporation shall be Texas Christian University.
Article II: The purpose for which this corporation is formed is the support of an educational undertaking to wit: the establishment and maintenance of an institution of learning, of university rank, for the education and training of students in the arts, sciences, and languages, and in all branches of learning, under Christian influence, so that such education shall include due regard to moral and religious development and competent instruction in the Holy Scriptures. Our mission is to educate individuals to think and act as ethical leaders and responsible citizens in the global community.
There is also included in its purpose the acquisition, establishment and maintenance of auxiliary and correlated schools and school property at such points in the State of Texas as may be found advisable, to be under the same general management and conducted with the same aims.
In all events, the corporation is organized and shall be operated for exclusively religious, charitable, scientific, literary and educational purposes within the meaning of Section 501(c) (3) of the Internal Revenue Code of 1986, as amended.
Article III: The place or places where the business of this corporation is to be transacted shall be the City of Fort Worth, Tarrant County, Texas, where its University will be located, but not necessarily within the corporate limits of said City; but such business affairs of its auxiliary and correlated schools as may, by the corporation, be committed to local boards, governing bodies, or faculties may be transacted at the places where such auxiliary schools may be established.
Article IV: The period of duration of the corporation is perpetual.
Article V: The Board of Trustees of Texas Christian University shall consist of not less than twenty-four nor more than fifty members of which a minimum number shall be members of the Christian Church (Disciples of Christ) as provided for in the By-laws of Texas Christian University.
The names and addresses of the persons who are currently serving as Trustees are:
INTENTIONALLY OMITTED
Article VI: The corporation shall have no capital stock and shall not be operated for profit. Neither shall it have any members as such.
Article VII: The address of the registered office of the corporation is Office of the Chancellor, Texas Christian University, 2800 South University Drive, Fort Worth, Texas 76129, and the name of its registered agent at such address is Victor J. Boschini, Jr., Chancellor.
Article VIII: Upon the dissolution of the corporation, the Board of Trustees shall, after paying or making provision for the payment of all of the liabilities of the corporation, dispose of all of the assets of the corporation to such other organization or organizations as the Board of Trustees shall determine which must be organized and operated exclusively for charitable, educational, religious or scientific purposes and shall at that time qualify as an exempt organization or organizations under Section 501(c) of the Internal Revenue Code of 1986, as amended (or the corresponding provision of any future United States Internal Revenue Law).